Good policies for bad governments: behavioral political economy

Politicians and policymakers are prone to the same biases as private citizens. Even if politicians are rational, little suggests that they have altruistic interests. Such concerns lead us to be wary of proposals that rely on benign governments to implement interventionist policies that "protect us from ourselves." The authors recommend paternalism that recognizes both the promise and threat of activist government. They support interventions that channel behavior without taking away consumers' ability to choose for themselves. Such "benign paternalism" can lead to very dramatic behavioral changes. But benign paternalism does not give government true authority to control our lives and does not give private agents an incentive to reject such authority through black markets and other corrosive violations of the rule of law. The authors discuss five examples of policy interventions that will generate significant welfare gains without reducing consumer liberties. They believe that all policy proposals should be viewed with healthy skepticism. No doctor would prescribe a drug that only worked in theory. Likewise, economic policies should be tested with small-scale field experiments before they are adopted.Macroeconomics ; Economics ; Economic policy

Bounding Embeddings of VC Classes into Maximum Classes

One of the earliest conjectures in computational learning theory-the Sample Compression conjecture-asserts that concept classes (equivalently set systems) admit compression schemes of size linear in their VC dimension. To-date this statement is known to be true for maximum classes---those that possess maximum cardinality for their VC dimension. The most promising approach to positively resolving the conjecture is by embedding general VC classes into maximum classes without super-linear increase to their VC dimensions, as such embeddings would extend the known compression schemes to all VC classes. We show that maximum classes can be characterised by a local-connectivity property of the graph obtained by viewing the class as a cubical complex. This geometric characterisation of maximum VC classes is applied to prove a negative embedding result which demonstrates VC-d classes that cannot be embedded in any maximum class of VC dimension lower than 2d. On the other hand, we show that every VC-d class C embeds in a VC-(d+D) maximum class where D is the deficiency of C, i.e., the difference between the cardinalities of a maximum VC-d class and of C. For VC-2 classes in binary n-cubes for 4 <= n <= 6, we give best possible results on embedding into maximum classes. For some special classes of Boolean functions, relationships with maximum classes are investigated. Finally we give a general recursive procedure for embedding VC-d classes into VC-(d+k) maximum classes for smallest k.Comment: 22 pages, 2 figure

Single magnetic adsorbates on s-wave superconductors

In superconductors, magnetic impurities induce a pair-breaking potential for Cooper pairs, which locally affects the Bogoliubov quasiparticles and gives rise to Yu-Shiba-Rusinov (YSR or Shiba, in short) bound states in the density of states (DoS). These states carry information on the magnetic coupling strength of the impurity with the superconductor, which determines the many-body ground state properties of the system. Recently, the interest in Shiba physics was boosted by the prediction of topological superconductivity and Majorana modes in magnetically coupled chains and arrays of Shiba impurities. Here, we review the physical insights obtained by scanning tunneling microscopy into single magnetic adsorbates on the $s$-wave superconductor lead (Pb). We explore the tunneling processes into Shiba states, show how magnetic anisotropy affects many-body excitations, and determine the crossing of the many-body groundstate through a quantum phase transition. Finally, we discuss the coupling of impurities into dimers and chains and their relation to Majorana physics.Comment: 18 pages, 17 figures, revie

Cigarette Taxes and the Social Market

Previous researchers have argued that the social market for cigarettes insulates its participants from policies designed to curb youth smoking. Using state Youth Risk Behavior Survey data, we examine whether recent changes in state cigarette taxes affected how young smokers obtained their cigarettes. Our estimates suggest that tax increases reduce youth smoking participation primarily through their effect on third-party purchase, although there is evidence that they are negatively related to borrowing among younger teenagers and negatively related to direct purchase among older teenagers.youth smoking, cigarette taxes

Dynamically-Induced Frustration as a Route to a Quantum Spin Ice State in Tb2Ti2O7 via Virtual Crystal Field Excitations and Quantum Many-Body Effects

The Tb$_2$Ti$_2$O$_7$ pyrochlore magnetic material is attracting much attention for its {\em spin liquid} state, failing to develop long range order down to 50 mK despite a Curie-Weiss temperature $\theta_{\rm CW} \sim -14$ K. In this paper we reinvestigate the theoretical description of this material by considering a quantum model of independent tetrahedra to describe its low temperature properties. The naturally-tuned proximity of this system near a N\'eel to spin ice phase boundary allows for a resurgence of quantum fluctuation effects that lead to an important renormalization of its effective low energy spin Hamiltonian. As a result, Tb$_2$Ti$_2$O$_7$ is argued to be a {\em quantum spin ice}. We put forward an experimental test of this proposal using neutron scattering on a single crystal.Comment: 5 pages, 3 figures. Version 2 has a modified introduction. Figure 2b of version 1 (experimental neutron scattering has been removed. A proposal for an experimental test is now included accompanied by a new Figure (Fig. 3

Tuning the magnetic anisotropy of single molecules

The magnetism of single atoms and molecules is governed by the atomic scale environment. In general, the reduced symmetry of the surrounding splits the $d$ states and aligns the magnetic moment along certain favorable directions. Here, we show that we can reversibly modify the magnetocrystalline anisotropy by manipulating the environment of single iron(II) porphyrin molecules adsorbed on Pb(111) with the tip of a scanning tunneling microscope. When we decrease the tip--molecule distance, we first observe a small increase followed by an exponential decrease of the axial anisotropy on the molecules. This is in contrast to the monotonous increase observed earlier for the same molecule with an additional axial Cl ligand. We ascribe the changes in the anisotropy of both species to a deformation of the molecules in the presence of the attractive force of the tip, which leads to a change in the $d$ level alignment. These experiments demonstrate the feasibility of a precise tuning of the magnetic anisotropy of an individual molecule by mechanical control.Comment: 16 pages, 5 figures; online at Nano Letters (2015